The exciting news about Ferrari N.V. (NYSE: RACE) will be shared on Tuesday 5th November 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
the company is projected to announce an estimated per share $2.16 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $1.78 billion for this period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.98. This notable figure was achieved due to the company's impressive total revenue of $1.68 billion recorded during that specific period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $7.24 billion. Furthermore, they are predicting profit of $8.87 per share for the full year.
In addition, The firm will review the third quarter financial results on 5th November 2024 at 09:00 AM eastern time, in a conference call with public.
Ferrari N.V. (RACE) shares experienced a range of $475.37 to $482.80 on a day volume of 298.00 thousand shares. The stock closed Friday's regular trading session at $476.76, showing a 0.18 percent advance.